92nd General Assembly
Summary of HB1957
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House Sponsors:
MOFFITT-POE-TENHOUSE-WAIT.

Senate Sponsors:
MYERS

Short description: 
TWP CD-INTEREST TRANSFERS                                                  

Synopsis of Bill as introduced:
        Amends the Township Code. Allows a township board to transfer the      
   interest earned on any of the moneys of the township to  the  fund  of      
   the  township  that is most in need of the interest.  Exempts interest      
   earmarked for a designated purpose and interest earned on  funds  used      
   for   the  purposes  of  the  Illinois  Pension  Code  and  the  Local      
   Governmental and Governmental Employees Tort Immunity  Act.  Effective      
   immediately.                                                                
 
Last action on Bill: PUBLIC ACT.............................. 92-0107

   Last action date: JUL-20-2001

           Location: House

 Amendments to Bill: AMENDMENTS ADOPTED: HOUSE -   0     SENATE -   0


   END OF INQUIRY 



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